8, DURHAM CLOSE, BOGNOR REGIS, PO21 4XA - £296,250

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 DURHAM CLOSE is a very small terraced house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £319,932. It was last sold for £296,250 in May 2021, which was around 16% above the average May 2021 terraced price in the Arun local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

8 DURHAM CLOSE Sold Prices

Land registry data shows three sales for 8 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three 8 DURHAM CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 7 MAY	£296,250	£255,204	16% above HPI
2014 19 SEP	£232,000	£191,575	21% above HPI
2005 16 DEC	£183,000	£153,321	19% above HPI

8 DURHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The three 8 DURHAM CLOSE sales between December 2005 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 DURHAM CLOSE be worth now?

8 DURHAM CLOSE might now be worth an estimated £319,932.

This is based on house price inflation of 8%, between May 2021 and April 2026, for terraced houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 8 DURHAM CLOSE of £296,250 on 7th May 2021. For the value to have increased from £296,250 to £319,932 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 8 DURHAM CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The May 2021 sale price of £296,250 represented a fair market value for the property.
• The size, condition, and specification of 8 DURHAM CLOSE has not materially changed since May 2021.

How Large is 8 DURHAM CLOSE?

8 DURHAM CLOSE is 64m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bognor Regis, and where 8 DURHAM CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 8 DURHAM CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 DURHAM CLOSE: Plot and Title Map

8 DURHAM CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 8 DURHAM CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 DURHAM CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 DURHAM CLOSE?

8 DURHAM CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 8 on DURHAM CLOSE.